645 Indiana Avenue, Marion, OH 43302
$165,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
3,049
Status:
Closed
Current Price:
$165,000
List Date:
4/10/2026
Last Modified:
5/15/2026
Overview
Description
Calling all investors! Don't miss your chance to own this mix use historic building right in downtown Marion. This is building generates income from two upstairs apartments, and the main level currently used as an apartment but could also be used for a business! Truly the opportunities are endless. There have been some recent improvements that include a newer roof, newer windows, hot water tank, main water line and much more! The apartments have also had recent remodeling as well! The two one bedroom apartments bring in $900/month. The main level rents for $1200/month - totaling to $3,000/month with the possibility to earn even more!
Listing Details MLS# 226010744
Location Property Info
- Original List Price
- 165000
- Property Sub Type
- Mixed Use
- Street #
- 645
- Street Name
- Indiana
- Street Suffix
- Avenue
- County
- Marion
- State
- OH
- Zip Code
- 43302
- School District
- MARION CSD 5102 MAR CO.
- Township
- Marion
OfficeContract Info
- MLS Entry Date
- 2026-04-07
General Property Info
- Number of Units
- 3
- Year Built
- 1920
- Built Prior to 1978
- Yes
- Lot Size (Side)
- 45
- Acreage
- 0.07
Tax Info
- Parcel #
- 12-4160007.000
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 882
Status Change Info
- Under Contract Date
- 2026-04-10
- Sold Date
- 2026-05-15
1 Bedroom
- 1 Bedroom # of Units
- 2
More Information
Other
- Other # of Units
- 2
Auction Info
- Auction/Online Bidding Y/N
- No
Sale Info
- Seller Assisted Fin
- N
- Seller/Buyer Concessions
- Y
- Concession Comments
- Seller credit - $2500.00
Location & Property Info
- City (Mailing Addr)
- Marion
- Corp LimitPerAuditor
- Marion
Office/Contract Info
- Active on MLS
- 2026-04-10
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Calling all investors! Don't miss your chance to own this mix use historic building right in downtown Marion. This is building generates income from two upstairs apartments, and the main level currently used as an apartment but could also be used for a business! Truly the opportunities are endless. There have been some recent improvements that include a newer roof, newer windows, hot water tank, main water line and much more! The apartments have also had recent remodeling as well! The two one bedroom apartments bring in $900/month. The main level rents for $1200/month - totaling to $3,000/month with the possibility to earn even more!
Income/Expenses
- Gross Income
- 2625
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
Heat Fuel
- Gas
- Yes
Sewer
- Public Sewer
- Yes
Miscellaneous
- Basement
- Yes
Alternate Uses
- Commercial
- Yes
- Office
- Yes
- Residential
- Yes
Heating
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Owner Pays
- Gas
- Yes
- Sewer
- Yes
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Owner Pays:
Gas; Sewer; Water
Heat Fuel:
Gas
Heating:
Forced Air
Air Conditioning:
Central Air
Construction:
Brick
Sewer:
Public Sewer
Miscellaneous:
Basement
Alternate Uses:
Commercial; Office; Residential
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Coldwell Banker Realty
Listing Agent:
Wil A Marshall
Last Updated: May - 15 - 2026
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